Buckhead Information

4399 Tree Haven Drive is a new two-story home on a sprawling 0.64 acre lot in the heart of North Buckhead. Built to the highest standards by Tuscany Corporation. This estate property boasts the following:

5 bedrooms, 5 bathrooms and one half bathroom.

5,413 of heated and cooled square feet. There is also 659 square feet of unfinished square footage on the second level. Another 2,545 square feet can be finished on the terrace level.

Buckhead’s single family market probably had about $1 billion in single family residential sales last year. There was about $945 million that occurred in First Multiple Listing Service (FMLS) – which captures majority of sales. Below chart has summary. You may find this simple overview of 2016 single family sales helpful:

The Atlanta market should continue to outperform the national housing prices. 4th Quarter 2014 vs 4th Quarter 2015 has shown an approximate. 30% increase in prices for Cherokee, Cobb, DeKalb, Forsyth, Fulton and Gwinnett Counties (combined). While we will not continue to increase at this rate, we see 2016 will usher in healthy increases in housing prices. Equity market volatility can favor real estate.

In Georgia, homeowners are entitled to a homestead exemption on the house they live in as their primary residence. If you’ve just moved to a new home, and live in it on January 1 of this year, you will need to file for your homestead exemption. The forms and information on where and when to file can be found on the county website links below.